The pileup is the latest logistical knot in global supply chains, with satellite shipping data allowing for real-time monitoring of port issues globally.
Your supply chain network forms the foundation that your business is built upon. Designing and deploying a robust supply chain network will position your company for growth, while failing to do so can put your business on shaky ground.
Undetected in-transit issues in the cold chain can cost companies billions of dollars in lost revenue, to say nothing of the human livelihood at stake.
The U.S. and the European Union have reached a trade truce on steel and aluminum that will allow the allies to remove tariffs on more than $10 billion of their exports each year.
The aim of COP — the acronym for the conference of parties that’s now in its 26th round — is to curb emissions, keep the goal of 1.5 degrees of global warming within reach, reduce coal use, sort out rules for a global carbon market and raise billions in climate finance.
The global economy’s supply crunch is propelling inflation at such a fast pace that central bankers may be forced to respond, even though fixing that imbalance is beyond their power.
Global ports are growing more gridlocked as the pandemic era’s supply shocks intensify, threatening to spoil the holiday shopping season, erode corporate profits and drive up consumer prices.
European Central Bank President Christine Lagarde warned that the globalized nature of the euro area’s economy makes it highly vulnerable to systemic shocks from supply chain disruptions.
Dave Lewis, the former boss of Tesco Plc, will advise U.K. Prime Minister Boris Johnson on how to fix the supply chain crisis that is crippling many parts of British business.
The latest supply chain news, analysis, trends and best practices for companies operating in Europe. Learn how businesses are optimizing supply chain and logistics performance across Europe’s 50 sovereign states and four dependencies - addressing a range of challenges such as varying regulations, developing customs and tax laws and government controlled exchange rates.
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